CFTC Signs Memorandum of Understanding With Canadian Provinces on Cross-Border Supervision

On April 20, 2016, US Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad and authorities for three Canadian provinces signed a March 2014 memorandum of understanding regarding cooperation and coordination between the jurisdictions with respect to derivatives and securities markets; and the exchange of information with respect to the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and Canada.